Is Brexit back on the agenda after Mansion House? November 15, 2024 Reeves said that the economy faced "structural challenges" as a result of Brexit, which simply added to an already long list of obstacles to economic growth.
Has Rachel Reeves talked the UK economy into a downturn? November 15, 2024 The economy expanded just 0.1 per cent in the three months to September, below expectations and down from a 0.5 per cent expansion in the previous quarter.
Firms blame Budget uncertainty as economy slows sharply in third quarter November 15, 2024 The UK grew at a slower pace than expected in the third quarter, according to new figures, with business groups pointing to the impact of uncertainty ahead of last month’s Budget. New figures from the Office for National Statistics (ONS) showed that the economy grew 0.1 per cent in the third quarter, after contracting 0.1 [...]
Bank of England boss touts benefits of free trade as Trump tariffs loom November 14, 2024 With protectionism coming back into fashion around the world, Bailey owned up to being an "old-fashioned free trader at heart".
Why Rachel Reeves’s pension reforms might not be as ‘radical’ as she thinks November 14, 2024 While her changes may constitute the biggest overhaul of the pensions sector in decades, some in the City say the truly radical option remains firmly in the back pocket.
Monetary policy needs to be ‘more forceful’ as global economy becomes less stable November 14, 2024 "Over the next few years at least, volatility in macroeconomic variables likely will be elevated," Mann said at the Annual Conference of the Society of Professional Economists in London.
Sterling hits lowest level since July as Trump victory dents the pound November 14, 2024 "The FX market tends to concentrate on one theme at a time, and right now that is dollar dominance," Kathleen Brooks, research director at XTB said.
Fresh data reveals ‘more complex picture of economic welfare’ November 13, 2024 Many advanced economies have suffered from a slowdown in GDP growth since the financial crisis.
London Stock Exchange boss: Britain needs to re-think ‘weird’ view of capital markets November 13, 2024 The UK needs to view London’s capital markets as a “driver of the domestic economy” rather just a venue for share trading, the boss of the London Stock Exchange said yesterday. At an event hosted by investment bank UBS, Julia Hoggett, who has led the exchange since 2021, called on pension funds to back British [...]
New £500m university science grant can ‘commercialise discoveries’ November 13, 2024 The government has announced it will stump up £500m for 4,700 post-graduate engineering and science university places in a bid to drive long-term economic growth. Science and technology secretary Peter Kyle made the announcement today, with universities and industry set to reap the benefits. The scheme will fund 4,700 new places, equating to around £106,000 [...]